Current Assets
Work in process
Cadence Design Systems Work in process decreased by 16.0% to $12.32M in Q1 2026 compared to the prior quarter.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2023
Last reportedQ1 2026May 1, 2026
Parent metricInventories
Metric ID:
inv_work_in_progressHistorical Data
10 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0 | $626K | $2.03M | $722K | $1.22M | $0 | $0 | $6.64M | $14.67M | $12.32M |
| QoQ Change | — | — | +224.8% | -64.5% | +68.4% | -100.0% | — | — | +120.9% | -16.0% |
| YoY Change | — | — | — | — | — | -100.0% | -100.0% | +819.4% | >999% | — |
| % of Inventories | 0.0% | 0.3% | 1.2% | 0.2% | 0.5% | 0.0% | 0.0% | 2.3% | 4.8% | 3.9% |
| Share Change | — | +0.3pp | +0.8pp | -0.9pp | +0.2pp | -0.5pp | +0.0pp | +2.3pp | +2.5pp | -1.0pp |
Range$0 – $14.67M
Avg YoY Growth+431.3%
Median YoY Growth+359.7%
Work in process at Other Companies
Frequently Asked Questions
- What is Cadence Design Systems's work in process?
- Cadence Design Systems (CDNS) reported work in process of $12.32M in Q1 2026.